Oceanbridge Shipping Limited
The High Court has imposed pecuniary penalties of $4.6m on Oceanbridge Shipping Limited and $100,000 on its director William Edward Speedy. The defendants admitted engaging in price fixing and market allocation with competing freight forwarders in breach of s 30 and s 27 via 30 of the Commerce Act.
Case Details
Parties
Oceanbridge Shipping Limited
Category
Anti-competitive conduct
Sub-category
Act/Section
Commerce Act 1986
Industry
Transport, postal, and warehousing
Status
Closed
Outcome
Judgment
Case Number
[2022] NZHC 1371
Date opened
07 September 2018
Date closed
15 June 2022
Contact person
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